PT. Intiland Development, Tbk (DILD), a property issuers have bonds and the bank debt each valued at IDR 346 billion IDR 230 billion, are due in 2016. On the other hand, the company has submitted of bonds issuance plans at worth IDR 600 billion to the financial services authority (OJK), and is currently still waiting for effective statement. Through his efforts, its subsidiary’s Perkasa Lestari Permai (PLP), have debts totaling IDR 250 billion in PT Bank Mayapada International, Tbk (MAYA) in October 2015 and will be due in October this year. While bonds maturing worth IDR 346 billion of bonds, series A, was issued in July 2013.
On the other hand, the company also have plans its capital expenditures worth IDR 2 trillion that comes from cash and bank loan facility 2016, to development projects that already existed before. For the record, the company introduced its newest project at January 2016, namely Apartment Rosebay Surabaya land 1 ha with a capacity for as many as 177 units. The company is targeting marketing sales valued at Rp 263 billion from this project. Then, the company will launch at Darmo Harapan in West Surabaya and Kebon Melati in Jakarta.
Darmo Harapan is a highrise project with the concept of mixed used above acres of 6 ha. The first phase of this project will be offered from the end of 2Q2016, with prices worth between IDR 500 million to IDR 1 billion. Kebon Melati project, while built on land covering an area of 3 ha. For the two projects, the company is targeting marketing sales each worth IDR 227 billion and IDR 310 billion.